Community Awareness Of Rappahannock Electric Charity Inc
Community Awareness Of Rappahannock Electric Charity Inc maintains stable finances with zero liabilities and no executive compensation.
EIN: 203160667 · Fredericksbrg, VA · NTEE: P60 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $222K |
| Total Expenses | $240K |
| Program Spending | 90% |
| Net Assets | $105K |
| Transparency Score | 95/100 |
Is Community Awareness Of Rappahannock Electric Charity Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Community Awareness Of Rappahannock Electric Charity Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Community Awareness Of Rappahannock Electric Charity Inc
Community Awareness Of Rappahannock Electric Charity Inc (EIN: 203160667) is a nonprofit organization based in Fredericksbrg, VA, classified under NTEE code P60. The organization reported total revenue of $222K and total assets of $116K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Community Awareness Of Rappahannock Electric Charity Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Community Awareness Of Rappahannock Electric Charity Inc is a small nonprofit that has been operating for 20 years, with 7 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of 6.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $208K |
| Total Expenses | $240K |
| Surplus / Deficit | $-31,651 |
| Total Assets | $105K |
| Net Assets | $105K |
| Operating Margin | -15.2% |
| Months of Reserves | 5.2 months |
Financial Health Grade: B
In 2023, Community Awareness Of Rappahannock Electric Charity Inc reported a deficit of $32K with expenses exceeding revenue, holds 5.2 months of operating reserves (adequate).
Financial Trends
Over 7 years of filings (2017–2023), Community Awareness Of Rappahannock Electric Charity Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.6% | +27.9% | -23.2% |
| 2022 | +7.0% | +13.4% | +10.9% |
| 2021 | +9.0% | -8.5% | +22.4% |
| 2020 | -12.3% | -6.3% | -7.8% |
| 2019 | +11.5% | +74.0% | +3.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Community Awareness Of Rappahannock Electric Charity Inc with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Community Awareness Of Rappahannock Electric Charity Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $32K, with expenses exceeding revenue.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership is entirely volunteer-based and no funds are diverted to executive salaries, which is highly commendable for a nonprofit of its size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Community Awareness Of Rappahannock Electric Charity Inc:
- Consistent 0% officer compensation, indicating volunteer leadership and efficient use of funds.
- Zero liabilities reported across all filings, demonstrating strong financial health and low risk.
- Stable and growing asset base, from $40,307 in 2017 to $104,753 in 2023.
- Consistent IRS 990 filing history, indicating good transparency and compliance.
- Expenses generally track closely with revenues, suggesting a lean operational model.
Frequently Asked Questions about Community Awareness Of Rappahannock Electric Charity Inc
Is Community Awareness Of Rappahannock Electric Charity Inc a legitimate charity?
Community Awareness Of Rappahannock Electric Charity Inc (EIN: 203160667) is a registered tax-exempt nonprofit based in Virginia. Our AI analysis gives it a Mission Score of 95/100. It has 7 years of IRS 990 filings on record. Total revenue: $222K. No red flags identified. 5 strengths noted. Financial health grade: B.
How does Community Awareness Of Rappahannock Electric Charity Inc spend its money?
Community Awareness Of Rappahannock Electric Charity Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Community Awareness Of Rappahannock Electric Charity Inc tax-deductible?
Community Awareness Of Rappahannock Electric Charity Inc is registered as a tax-exempt nonprofit (EIN: 203160667). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Community Awareness Of Rappahannock Electric Charity Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Community Awareness Of Rappahannock Electric Charity Inc is above average for NTEE category P60 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Community Awareness Of Rappahannock Electric Charity Inc located?
Community Awareness Of Rappahannock Electric Charity Inc is headquartered in Fredericksbrg, Virginia and files with the IRS under EIN 203160667. It is classified under NTEE code P60.
How many years of IRS 990 filings does Community Awareness Of Rappahannock Electric Charity Inc have?
Community Awareness Of Rappahannock Electric Charity Inc has 7 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $222K in total revenue.
Is Community Awareness Of Rappahannock Electric Charity Inc a good charity?
Based on the provided data, CARE appears to be a very good charity. It consistently reports 0% officer compensation, has no liabilities, and maintains a stable asset base, all of which are strong indicators of financial health and efficient use of donations.
How does CARE manage its finances without paying officers?
The consistent reporting of 0% officer compensation suggests that the organization is run by volunteers, with leadership dedicating their time without drawing a salary. This allows a greater proportion of funds to be directed towards its charitable activities.
What is the trend in CARE's financial stability?
CARE's financial stability appears strong. Assets have grown from $40,307 in 2017 to $104,753 in 2023, and the organization consistently reports zero liabilities, indicating a very healthy balance sheet.
Filing History
IRS 990 filing history for Community Awareness Of Rappahannock Electric Charity Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), Community Awareness Of Rappahannock Electric Charity Inc's revenue has grown by 44.3%, moving from $144K to $208K. Total assets increased by 159.9% over the same period, from $40K to $105K. Total functional expenses rose by 100.4%, from $120K to $240K. In its most recent filing year (2023), Community Awareness Of Rappahannock Electric Charity Inc reported a deficit of $32K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $208K | $240K | $105K | $0 | — | — |
| 2022 | $201K | $188K | $136K | $0 | — | — |
| 2021 | $188K | $165K | $123K | $0 | — | View 990 |
| 2020 | $172K | $181K | $101K | $0 | — | View 990 |
| 2019 | $196K | $193K | $109K | $0 | — | View 990 |
| 2018 | $176K | $111K | $106K | $0 | — | View 990 |
| 2017 | $144K | $120K | $40K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $208K, expenses of $240K, and assets of $105K (revenue +3.6% year-over-year).
- 2022: Revenue of $201K, expenses of $188K, and assets of $136K (revenue +7.0% year-over-year).
- 2021: Revenue of $188K, expenses of $165K, and assets of $123K (revenue +9.0% year-over-year).
- 2020: Revenue of $172K, expenses of $181K, and assets of $101K (revenue -12.3% year-over-year).
- 2019: Revenue of $196K, expenses of $193K, and assets of $109K (revenue +11.5% year-over-year).
- 2018: Revenue of $176K, expenses of $111K, and assets of $106K (revenue +22.1% year-over-year).
- 2017: Revenue of $144K, expenses of $120K, and assets of $40K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Community Awareness Of Rappahannock Electric Charity Inc:
Data Sources and Methodology
This transparency report for Community Awareness Of Rappahannock Electric Charity Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.